Preformed Line Products Stock Price To Earning

PLPC Stock  USD 131.38  3.60  2.82%   
Preformed Line Products fundamentals help investors to digest information that contributes to Preformed Line's financial success or failures. It also enables traders to predict the movement of Preformed Stock. The fundamental analysis module provides a way to measure Preformed Line's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Preformed Line stock.
  
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Preformed Line Products Company Price To Earning Analysis

Preformed Line's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

 = 

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Preformed Line Price To Earning

    
  14.08 X  
Most of Preformed Line's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Preformed Line Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Preformed Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Preformed Line is extremely important. It helps to project a fair market value of Preformed Stock properly, considering its historical fundamentals such as Price To Earning. Since Preformed Line's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Preformed Line's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Preformed Line's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Preformed Retained Earnings

Retained Earnings

266.67 Million

At present, Preformed Line's Retained Earnings are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Preformed Line Products has a Price To Earning of 14.08 times. This is 28.85% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The price to earning for all United States stocks is 50.97% higher than that of the company.

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Preformed Line ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Preformed Line's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Preformed Line's managers, analysts, and investors.
Environmental
Governance
Social

Preformed Fundamentals

About Preformed Line Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Preformed Line Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Preformed Line using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Preformed Line Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Preformed Line Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Preformed Line's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Preformed Line Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Preformed Line Products Stock:
Check out Preformed Line Piotroski F Score and Preformed Line Altman Z Score analysis.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running Preformed Line's price analysis, check to measure Preformed Line's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Preformed Line is operating at the current time. Most of Preformed Line's value examination focuses on studying past and present price action to predict the probability of Preformed Line's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Preformed Line's price. Additionally, you may evaluate how the addition of Preformed Line to your portfolios can decrease your overall portfolio volatility.
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Is Preformed Line's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Preformed Line. If investors know Preformed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Preformed Line listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.55)
Dividend Share
0.8
Earnings Share
10.34
Revenue Per Share
127.94
Quarterly Revenue Growth
(0.23)
The market value of Preformed Line Products is measured differently than its book value, which is the value of Preformed that is recorded on the company's balance sheet. Investors also form their own opinion of Preformed Line's value that differs from its market value or its book value, called intrinsic value, which is Preformed Line's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Preformed Line's market value can be influenced by many factors that don't directly affect Preformed Line's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Preformed Line's value and its price as these two are different measures arrived at by different means. Investors typically determine if Preformed Line is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Preformed Line's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.